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Tarrytown

GARY, IN 46404

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
58
vs 58 last year
Pending
22
38% pending ratio
Median Price
$165,000
⇧ 8% vs $152,750 last year
Average Price
$158,927
⇧ 1.2% vs $157,119 last year
Days on Market
84
⇧ 3.7% vs 81 days last year

Market Context

Population: 16,851  ·  Density: 1,083.0/mi²  ·  Median household income: $39,281

Typical home value: $90,211  ·  Homeownership: 49.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GARY, IN real estate market (46404) currently shows 58 active listings, with 22 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 84 days on market compared to 81 days last year.

The median listing price has risen 8% year-over-year, from $152,750 to $165,000.

Whether you are buying or selling in GARY, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 84 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $165,000 (+8% YoY)
  • Average: $158,927 (+1.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.8 miles — 839 listings ($276,263,015 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46404Gary, IN 464040.0 mi58$9,217,766$165,000$158,927
46407Gary, IN 464072.3 mi56$4,764,536$66,500$85,081
46402Gary, IN 464022.8 mi31$3,810,582$127,000$122,922
46323Hammond, IN 463234.1 mi43$9,133,673$214,900$212,411
46322Highland, IN 463225.0 mi50$13,365,950$249,900$267,319
46312East Chicago, IN 463125.9 mi28$4,992,400$184,900$178,300
46324Hammond, IN 463246.5 mi39$7,980,414$197,450$204,626
46321Munster, IN 463217.2 mi79$36,635,065$379,000$463,735
46375Schererville, IN 463757.6 mi85$32,242,285$349,900$379,321
46342Hobart, IN 463428.2 mi106$30,111,950$272,450$284,075
46394Whiting, IN 463949.2 mi32$8,589,696$249,999$268,428
46368Portage, IN 4636810.1 mi130$46,048,600$329,000$354,220
46373Saint John, IN 4637310.8 mi102$69,370,098$644,900$680,099

Frequently Asked Questions

How many homes are for sale in GARY, IN 46404?

As of January 2026, there are 58 active listings in GARY, IN (zip code 46404), compared to 58 the prior year.

What is the median home price in GARY, IN 46404?

The median listing price in GARY, IN 46404 is $165,000 as of January 2026, a 8% increase from $152,750 the prior year.

How long do homes stay on the market in GARY, IN?

Homes in GARY, IN 46404 spend an average of 84 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in GARY, IN 46404?

Based on current inventory and days-on-market data as of January 2026, GARY, IN 46404 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 84 days on market compared to 81 days last year.

How much can I save on real estate commission in GARY, IN?

With SELL123.com's maximum 3% commission, sellers in GARY, IN 46404 save an estimated $3,300 compared to a typical 5% commission on the median listing price of $165,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.